Mongolia's transition strategy is unique in Asia and has been accompanied by very high levels of poverty. For these reasons, policy choices have been the focus of substantial national and international attention. This paper examines the relationship between these policy choices and the evidence...

Mongolia, unlike several other Asian Transitional economies, has since 1990 pursued a "Russian-style" transition to a market economy. This has entailed rapid and extensive privatisation accompanied by, inter alia, stabilisation, liberalisation and de-regulation. The transition process has been...

The Dollar and Kraay (2000) paper has proved to be remarkably influential with many of its conclusions widely quoted, particularly in support of the open market policies of the ‘Washington consensus’. However, although there have been a number of critical commentaries there have been very...

Books reviewed: Dixon, Huw - Surfing Economics Ros, Jaime - Development Theory and the Economics of Growth Kumbhakar, Subal C. and Knox Lovell, C. A. - Stochastic Frontier Analysis Baldwin, Richard, Cohen, Daniel, Sapir, Andre and Venables Antony - Market Integration, Regionalism and the Global...

As tariffs fall over time, attention inevitably focuses on non-tariff measures (NTMs). Governments are increasingly imposing mandatory technical regulations on products for reasons of security, health or the environment and have facilitated the introduction of non-mandatory (voluntary) standards...

As tariffs fall over time, attention inevitably focuses on non-tariff measures (NTMs). Governments are increasingly imposing mandatory technical regulations on products for reasons of security, health or the environment and have facilitated the introduction of non-mandatory (voluntary) standards...

Abstract There is an evident global imbalance puzzle: debt levels in developed countries are continuing to expand despite their huge size whereas the size of foreign exchange reserves held by developing countries continues to grow. This paper argues that this pattern of global imbalances is a...